Loan Closing Operations Specialist

Deloitte - Recruitment; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading financial services firm in London is seeking a Loan Closing Operations Specialist for a 6-month contract role. You will monitor trades, draft transaction documents, and liaise with various teams to ensure seamless operations. Strong experience in Bank Loans Closing and excellent communication skills are essential. This full-time role operates onsite from Monday to Friday, with potential for extension.

Qualifications

• Experience navigating Loan Credit Agreements.
• Ability to learn quickly in a fast-moving environment.
• Strong organizational skills and flexibility to adapt.

Responsibilities

• Monitoring trading systems for new trades and confirming trades with clients.
• Drafting, reviewing, and negotiating transfer documents.
• Liaising with various teams to ensure necessary approvals are obtained.

Skills

Knowledge of Bank Loans Closing

Strong attention to detail

Ability to work under pressure

Good communication skills

Team-oriented approach

Job description

Contract role: Loan Closing Operations Specialist

Contract Start: ASAP

Contract Duration: 6 months, with potential extension (inside IR35)

Contract location: Central London - onsite Full time, Monday to Friday, 08:30 – 18:30 hrs

This is an exciting opportunity to join Deloitte Operations for an engagement with one of our premier Investment Banking clients.

Overall purpose of the role

The Credit Loans Middle Office Team supports various business teams with the origination, syndication, and secondary market trading of performing and non-performing loans. While loans are the primary product supported, the business continues to expand into other areas such as structured products and private equities.

Credit Loans Middle Office works in partnership with various business teams to ensure efficient pre-trade due diligence, execution, and settlement (the ‘closing’ role) of both primary and secondary loans.

The team is responsible for helping to maintain the integrity and accuracy of the risk positions taken by the firm and resolving any trade settlement issues that may arise.

Key Accountabilities

• Monitoring trading systems for new trades and confirming trades with outside clients.
• Drafting, reviewing, and negotiating transfer documents (including trade confirms and transfer certificates).
• Liaising with Legal, Compliance, Credit, Trading Desks, Agency, and Servicing teams to ensure necessary approvals are obtained, pricing and cashflows are agreed, reconciled, and settled within our system.

Essential Skills/Basic Qualifications:

• Knowledge and previous experience of Bank Loans Closing, Servicing, or Agency activity.
• Experience navigating Loan Credit Agreements.
• Ability to work well under pressure and meet strict deadlines.
• Ability to learn quickly in a fast-moving environment.
• Strong attention to detail and the ability to manage a large workload.
• Strong control mindset to support infrastructure improvements for business growth.
• Team-oriented approach with the ability to work across functions outside of Operations.
• Highly motivated, energetic, and enthusiastic.
• Strong organizational skills and flexibility to adapt to changing priorities.
• Professional approach with good communication skills, including liaising with external parties such as borrowers, lenders, and agents.